SGR 2.43% 50.3¢ the star entertainment group limited

Extract from latest AFR article"Numerous people close to the...

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    Extract from latest AFR article


    "Numerous people close to the company are convinced the outcome is already decided. They believe Star will be held unsuitable and its licence – which gives it the right to operate poker machines and gaming tables – will ultimately be handed to Crown, now off the ASX and in the hands of New York buyout giant Blackstone."


    Someone explain the ramifications of this if that occurs? Bit worrying tbh
 
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